OverviewSuggest Edit

Echo Global Logistics is a leading provider of technology-enabled transportation and supply chain management services. The Company offers freight brokerage and Managed Transportation solutions for all major modes, including truckload, partial truckload, LTL, intermodal, and expedited. Echo maintains a proprietary, web-based technology platform that compiles and analyzes data from its network of transportation providers to serve clients across a wide range of industries and simplify the critical tasks involved in transportation management.

TypePublic
Founded2005
HQChicago, US
Websiteecho.com
Employee Ratings3.5
Culture scoreD

Latest Updates

Employees (est.) (Dec 2018)2,595(+6%)
Job Openings6
Revenue (FY, 2019)$2.2 B(-10%)
Share Price (May 2020)$21.2

Key People/Management at Echo Global Logistics

Kyle Sauers

Kyle Sauers

CFO
David B. Menzel

David B. Menzel

COO
Evan Schumacher

Evan Schumacher

Chief Commercial Officer
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Echo Global Logistics Office Locations

Echo Global Logistics has an office in Chicago
Chicago, US (HQ)
600 W Chicago Ave
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Echo Global Logistics Financials and Metrics

Echo Global Logistics Revenue

Echo Global Logistics's revenue was reported to be $2.18 b in FY, 2019
USD

Revenue (Q1, 2020)

551.0m

Gross profit (Q1, 2020)

89.9m

Gross profit margin (Q1, 2020), %

16.3%

Net income (Q1, 2020)

(2.9m)

EBIT (Q1, 2020)

460.0k

Market capitalization (28-May-2020)

565.3m

Closing stock price (28-May-2020)

21.2

Cash (31-Mar-2020)

38.7m

EV

656.0m
Echo Global Logistics's current market capitalization is $565.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.2b1.7b1.9b2.4b2.2b

Revenue growth, %

33%29%13%

Cost of goods sold

1.6b2.0b1.8b

Gross profit

339.0m420.4m386.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

311.9m320.6m458.7m450.0m405.3m443.8m460.2m415.8m509.5m577.1m634.8m644.8m538.1m553.8m561.4m551.0m

Cost of goods sold

422.8m477.2m528.0m533.6m439.3m453.2m464.5m461.1m

Gross profit

86.7m99.9m106.8m111.2m98.8m100.6m97.0m89.9m

Gross profit Margin, %

17%17%17%17%18%18%17%16%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

47.0m41.8m52.5m32.5m56.5m16.6m23.5m40.3m34.6m

Accounts Receivable

89.2m96.6m109.7m145.2m196.4m309.7m337.4m287.0m

Prepaid Expenses

4.6m2.5m2.5m2.8m3.6m6.2m9.0m9.0m

Inventories

Quarterly
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

12.0m12.3m14.2m16.8m7.8m1.6m12.6m28.7m14.8m

Depreciation and Amortization

8.3m9.1m10.6m13.9m24.1m32.1m32.7m36.6m38.4m

Accounts Payable

15.2m(4.8m)4.7m11.5m5.7m31.4m58.1m11.2m(28.6m)

Cash From Operating Activities

15.7m22.8m24.8m32.4m70.8m59.7m48.7m94.2m84.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

5.1m8.5m3.3m6.7m9.0m3.0m7.1m11.5m2.4m6.7m12.1m3.3m2.6m6.1m262.6k2.2m4.6m(2.9m)(3.1m)(725.7k)4.7m12.4m21.8m3.5m8.6m13.4m(2.9m)

Depreciation and Amortization

4.0m6.2m2.0m4.2m6.5m2.6m5.2m7.9m3.0m6.4m10.1m3.9m9.1m16.6m7.5m15.1m23.7m8.0m16.0m24.1m8.9m17.9m27.2m9.5m19.3m28.9m9.8m

Accounts Payable

9.8m12.7m(3.4m)2.5m629.2k6.8m10.0m11.2m20.5m28.2m29.5m12.4m35.8m31.5m12.4m29.2m41.7m10.9m41.2m62.8m22.5m63.5m47.5m2.9m3.8m(5.2m)49.4m

Cash From Operating Activities

2.5m8.9m4.4m5.6m13.0m6.2m10.9m21.7m10.2m18.4m27.0m9.4m34.7m52.8m14.3m33.4m55.1m14.1m25.4m41.2m17.7m34.7m63.0m24.1m51.2m68.3m9.7m
USDY, 2020

EV/EBIT

1.4 k x

EV/CFO

67.9 x

Financial Leverage

2.3 x
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Echo Global Logistics Operating Metrics

FY, 2014FY, 2015FY, 2016Aug, 2017

Acquisitions

20

Carriers

49 k

Sales Offices

33 34 30
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Echo Global Logistics Online and Social Media Presence

Embed Graph

Echo Global Logistics Company Culture

  • Overall Culture

    D

    56/100

  • CEO Rating

    F

    52/100

  • Compensation

    C-

    59/100

  • Diversity

    F

    40/100

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Echo Global Logistics News and Updates

Echo Global Logistics Fourth Quarter 2019 Earnings Release and Conference Call Scheduled for Wednesday, February 5, 2020

CHICAGO, Jan. 17, 2020 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release fourth quarter 2019 earnings results after the market close on Wednesday,...

Holland Honored as the 2018 Regional LTL Carrier of the Year by Echo Global Logistics

HOLLAND, Mich., March 05, 2019 (GLOBE NEWSWIRE) -- Holland, the leader in Central and Southeastern United States next-day delivery, has been recognized by Echo Global Logistics with its 2018 Regional LTL Carrier of the Year award.

Echo Global Logistics Named to FL100+ List of Top Technology Providers

Annual list honors the top software and technology providers serving the food and beverage supply chain Annual list honors the top software and technology providers serving the food and beverage supply chain

Echo Global Logistics Reports Record Third Quarter Revenue; Up 27% Year over Year

CHICAGO, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today reported financial results for the quarter ended September 30, 2018.
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Echo Global Logistics Blogs

What Echo is Doing to Prepare for Coronavirus

What Echo is Doing to Prepare for Coronavirus Dave Menzel Tue, 03/10/2020 - 15:39 In light of the current outbreak of coronavirus disease 2019 (COVID-19), we would like to provide some insight as to the impact we are seeing, as well as an overview of the precaut…

How to Prepare for Accessorial Charges on LTL Shipments

How to Prepare for Accessorial Charges on LTL Shipments Mark Redini Wed, 02/26/2020 - 09:04 This blog will cover how to prepare for accessorial charges on Less-Than-Truckload (LTL) shipments. When it comes to rates, LTL carriers first have their base freight char…

How to Choose the Best Routing Decision Between Intermodal and Truckload

How to Choose the Best Routing Decision Between Intermodal and Truckload Michael Zamost Wed, 02/12/2020 - 09:37 How to choose between intermodal and truckload? There are usually multiple ways a shipper can choose to move a load, so selecting the right mode can be…

FreightWaves “What The Truck?!?” Podcast Featuring Special Guest Echo CIO, Miles English

FreightWaves “What The Truck?!?” Podcast Featuring Special Guest Echo CIO, Miles English Miles English Wed, 01/29/2020 - 13:31 I sat down with Timothy Dooner and Chad Prevost of FreightWaves, to talk about Echo and everything technology-related. The tech team at …

The Decade of Digitization Is upon Us!

The Decade of Digitization Is upon Us! Dave Menzel Mon, 12/16/2019 - 09:46 Did we just quietly close out one of the most volatile decades in the history of freight? We had a couple years marked by really tight capacity, most notably 2018. That was quickly followe…

Christmas Trees and the Digital Freight Revolution

Christmas Trees and the Digital Freight Revolution Dave Menzel Mon, 12/16/2019 - 09:46 If a Christmas Tree falls in the forest, and no one is there to hear it, did it really fall? Yep, it’s that time of year when I thought we’d be worrying about capacity and all…
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Echo Global Logistics Frequently Asked Questions

  • When was Echo Global Logistics founded?

    Echo Global Logistics was founded in 2005.

  • Who are Echo Global Logistics key executives?

    Echo Global Logistics's key executives are Kyle Sauers, David B. Menzel and Evan Schumacher.

  • How many employees does Echo Global Logistics have?

    Echo Global Logistics has 2,595 employees.

  • What is Echo Global Logistics revenue?

    Latest Echo Global Logistics annual revenue is $2.2 b.

  • What is Echo Global Logistics revenue per employee?

    Latest Echo Global Logistics revenue per employee is $842 k.

  • Who are Echo Global Logistics competitors?

    Competitors of Echo Global Logistics include Crane Worldwide Logistics, Flexport and Kuehne + Nagel.

  • Where is Echo Global Logistics headquarters?

    Echo Global Logistics headquarters is located at 600 W Chicago Ave, Chicago.

  • Where are Echo Global Logistics offices?

    Echo Global Logistics has an office in Chicago.

  • How many offices does Echo Global Logistics have?

    Echo Global Logistics has 1 office.